Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 146,988 pages of information and 232,840 images on early companies, their products and the people who designed and built them.
of Boreham Wood
1960 Dufay moved Trix production to Birmingham.
1961 Dufay Ltd, photographic film and equipment makers, would need a drastic reorganisation of capital after heavy losses and write-down of stock; 2 acquisitions were under consideration; no dividend had been paid since 1946 on the ordinary shares
c.1961 Poor sales lead to Dufay ending Trix production in order to save damaging the rest of the group; Trix was prepared for sale.
1962 Dufay would become an industrial holding company; Trix and Dufay would be disposed of; the Coronet camera subsidiary had recovered from the previous year's set-back; Polyfoto (England) was being reorganised
1962 Trix was sold to Alvus Investments and Trading who planned to restart production in High Wycombe, but only the coach moulding tools were made.
1962 Acquired by Metropole Industries, headed by J. G. Gommes; drastic capital reorganisation was required; Polyfoto was being sold which would leave the company with assets to be used with the new businesses which would be put into the company
Between 1963-5 Dufay acquired Unusual Electric Time and Telephone Systems Ltd.
1964 Acquired a Durham-based manufacturer of industrial and marine paints; the group consisted of G. A. Willis (Middlesbrough) of Aycliffe, Harrison S. Walton and Son of Bidford-on-Avon, and A. E. Onions, also of Bidford.
1964 Entered bidding for Wailes Group by offering a reverse take-over, whereby Dufay would inject its 4 paint companies into Wailes Dove - namely G. A. Willis (Middlesbrough), Harrison S. Walton and Son, A. E. Onions,and Frank Bookless and Co
1965 G. A. Willis introduced a PVC coating material, Dufaycote, which could be applied as a paint, based on a coating for steel developed in 1958 for use by Dorman, Long and Co in a purpose-designed coating plant; the raw material was supplied by British Geon
1965 Agreed merger with Wailes Dove and Co to form a new company Dufay Bitumastic which would be mostly owned by Dufay shareholders; most of the income of the new company would come from paints. Terms later revised. British Paints and the National Coal Board made a counter-offer. Dufay finally succeeded; they announced plans for expansion including a new factory
1968 Dufay's business model had been to buy paint from Japan which it sells directly. It had just completed a new factory at Shildon and bid to take-over International Paints but this failed when a key manager left the company and criticised their figures, the Take-Over Panel intervened, and Courtaulds offered to make a counter-bid